Are you looking for PRIME property? Then CHECK this one out!
The council is currently in the process of facilitating a change of zoning that will open the door to developers and investors wanting to have a valuable slice of ocean front land in the clean area of town. The potential may also be available to keep the front house and develop the back end of the property; generous side car access provides this option that may enable brand new rear units boasting spectacular ocean views. The holding costs are covered by a healthy rental income with no shortage of eager tenants wanting to live in this very popular and elite area.
Three bedroom, one bathroom BIG home
R50 council zoning change is in progress
Current rent is $2200pw at 10.49% return
Potential to develop multiple/grouped dwellings
Current lease expires on 1st September 2014
Develop full block or half of the block
Or dont do anything.. just enjoy life
Open plan kitchen dining living area
Large undercover entertaining area
All three bedrooms are MASSIVE
Established low maintenance garden
Room for 3 cars, caravan or boat
Located in the popular Cooke Point area of Port Hedland, just a short drive to the local primary school and day care centres with the Cooke Point Rec Club, tennis courts, sports ovals and parks close by. The location does not get much better than this; all amenities are close by with the area referred to as safe and clean with a family environment already established.
